Ukraine's proposal to reverse gas from Europe could require the approval of Russian energy giant Gazprom.
Restoration of government subsidies would breathe new life into $14bn industry.
Brent crude shed 1.3% for week as a whole as Libya uncertainty impacts prices.
Price-sensitive physical buyers again back in bullion market.
Ukraine's interim Prime Minister says the government is in talks to import natural gas from Europe
Libyan government sees 'good intentions' from rebel group that blockaded major oil ports in east
Ukraine's Energy Minister Yuri Prodan said Gazprom was playing politics after hiking prices twice in a week.
Blackouts more frequent and lasting for longer as Egyptian summer hots up.
US Energy Information Administration's crude oil inventory data due out on 2 April.
Ukraine faces 44% gas bill rise, bringing it in line with other European customers
FCA says emerging markets could suffer as the Fed extends its tapering programme.
OPEC shipments in four weeks to 12 April to decline by 620,000 barrels per day.
Exploration and production of Spain's natural gas reserves can create 755,000 jobs.
Iraq's economy predicted to be one of best performers in the Middle East despite security threats
With the West considering further sanctions, the Kremlin is looking to North Africa to limit its exposure to Western markets.
Sale of 500,000 barrels a day can pull down global oil prices by about $12 per barrel.
From 2000 to 2013, China's gas consumption has grown from 28 to 170 bcm.
Brent futures down 1.2% for week while US crude gains 0.6%.
Upcoming referendum on Crimea joining Russia could impact prices.
Crude dropped on 10 March amid fears of an economic slowdown in China.
Iron ore prices dropped 8.3% on 10 March on weak Chinese trade data.
Traders concerned Ukraine standoff could impact Russian natural-gas deliveries to Europe.
Crimean lawmakers favour union with Russia.
US energy giants allegedly conspired to keep shale land-lease prices artificially low in Michigan.
Societe General and Commerzbank say investor worries about supply disruption are misplaced.
US crude could hit $120 per barrel if war breaks out.
US futures rise 5.2% while Brent futures gain about 3%.
Indian Oil and Chinese LNG buyer are likely investors.
WTI crude rebounds from one-week low on 24 February.
Gold dominates recent bullish action in commodities.